CST asks govt to consider import Iranian LNG, LPG

ISLAMABAD: The Chamber of Small Traders (CST) on Friday lauded the resolve of the government to ensure uninterrupted supply of LNG to reduce the energy crisis.

It also supported the decision of the government to initiate negotiation with Iran for supply of natural gas on reduced prices.

“Pakistan should also explore the option of importing LNG and LPG from Iran after sanctions are waived as we are in dire need of these resources,” said Islamabad Chamber of Small Traders Patron Shahid Rasheed Butt.

He demanded steps to cull the circular debt, which has become a threat to the economy and investment in the energy sector. Pakistan cannot only fulfil its energy needs through gas pipelines from Iran and Turkmenistan but also play a role in improving global energy situation, as it neighbours China and India, two fastest developing economies, he said.

Central Asian and Iranian gas can flow to Pakistan and later to India, as it is the cheapest route, he added.